Third edition. This book has been written primarily for accountancy students in their second year of study. It focuses on the practical aspects of intermediate financial accounting through the application of New Zealand International Accounting Standards (NZ IAS), complemented by a discussion of the underlying theory.
In addition to the regular topics covered in a course of accounting at this level there is comprehensive coverage of a wide range of financial accounting issues covering topics such as: environmental and social responsibility accounting; accounting for e-commerce; trust accounting; accounting for the primary sector; accounting for liquidations and receiverships.
A CD included in the back of the book provides students with additional questions, exercises and solutions, as well as current articles on various topics included in the book. An icon in the margins of the text indicates when additional material is available on the CD. Supplemental chapters covering the following topics are included on the CD: e-commerce; trust accounting; accounting for the primary sector.